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Suzhou Xingye Materials Technology Co (SHSE:603928) Cyclically Adjusted Book per Share : ¥5.04 (As of Mar. 2025)


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What is Suzhou Xingye Materials Technology Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Suzhou Xingye Materials Technology Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥5.833. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ¥5.04 for the trailing ten years ended in Mar. 2025.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2025-05-22), Suzhou Xingye Materials Technology Co's current stock price is ¥10.29. Suzhou Xingye Materials Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥5.04. Suzhou Xingye Materials Technology Co's Cyclically Adjusted PB Ratio of today is 2.04.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Suzhou Xingye Materials Technology Co was 2.93. The lowest was 1.48. And the median was 1.85.


Suzhou Xingye Materials Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Suzhou Xingye Materials Technology Co's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Suzhou Xingye Materials Technology Co Cyclically Adjusted Book per Share Chart

Suzhou Xingye Materials Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.95

Suzhou Xingye Materials Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 4.76 4.90 4.95 5.04

Competitive Comparison of Suzhou Xingye Materials Technology Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Suzhou Xingye Materials Technology Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Suzhou Xingye Materials Technology Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Suzhou Xingye Materials Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Suzhou Xingye Materials Technology Co's Cyclically Adjusted PB Ratio falls into.


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Suzhou Xingye Materials Technology Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Suzhou Xingye Materials Technology Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=5.833/115.1156*115.1156
=5.833

Current CPI (Mar. 2025) = 115.1156.

Suzhou Xingye Materials Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.211 98.200 2.592
201412 2.417 99.000 2.810
201512 2.720 100.600 3.112
201603 0.000 102.200 0.000
201606 2.867 101.400 3.255
201609 2.246 102.400 2.525
201612 3.972 102.600 4.457
201703 4.044 103.200 4.511
201706 4.003 103.100 4.470
201709 4.170 104.100 4.611
201712 4.336 104.500 4.776
201803 4.469 105.300 4.886
201806 4.473 104.900 4.909
201809 4.586 106.600 4.952
201812 4.732 106.500 5.115
201903 4.865 107.700 5.200
201906 4.801 107.700 5.132
201909 4.900 109.800 5.137
201912 5.040 111.200 5.217
202003 5.137 112.300 5.266
202006 5.160 110.400 5.380
202009 5.295 111.700 5.457
202012 5.343 111.500 5.516
202103 5.404 112.662 5.522
202106 5.435 111.769 5.598
202109 5.560 112.215 5.704
202112 5.811 113.108 5.914
202203 5.960 114.335 6.001
202206 5.282 114.558 5.308
202209 5.381 115.339 5.371
202212 5.686 115.116 5.686
202303 5.763 115.116 5.763
202306 5.758 114.558 5.786
202309 5.754 115.339 5.743
202312 5.832 114.781 5.849
202403 5.896 115.227 5.890
202406 5.743 114.781 5.760
202409 5.739 115.785 5.706
202412 5.780 114.893 5.791
202503 5.833 115.116 5.833

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Suzhou Xingye Materials Technology Co  (SHSE:603928) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Suzhou Xingye Materials Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10.29/5.04
=2.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Suzhou Xingye Materials Technology Co was 2.93. The lowest was 1.48. And the median was 1.85.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Suzhou Xingye Materials Technology Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Suzhou Xingye Materials Technology Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Suzhou Xingye Materials Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Daoan Road, Huguan Industrial Park, Suzhou High-tech Zone, Jiangsu Province, Suzhou, CHN, 215151
Suzhou Xingye Materials Technology Co Ltd is engaged in research, development and production of functional new materials, especially foundry materials. It offers traditional cold box, phenolic urethane and cast aluminium.

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